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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Nov. 30, 2016
Nov. 30, 2015
Cash flows from operating activities:    
Net earnings (loss) $ (4,354) $ 30,891
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation 5,944 5,780
Amortization of deferred finance charges 36  
Amortization of customer lists, noncompete, and patent 3,494 3,406
Pre-tax loss on sale of discontinued operations 36,775  
Operating cash flows of discontinued operations 538 33,579
(Gain) loss from disposal of assets 266 (371)
Bad debt expense, net of recoveries 118 394
Stock based compensation 1,019 983
Changes in operating assets and liabilities, net of the effects of acquisitions:    
Accounts receivable 1,426 4,624
Prepaid expenses and income taxes (1,620) 1,181
Inventories 722 592
Other assets (593) 224
Accounts payable and accrued expenses (3,121) (4,385)
Other liabilities (7) 72
Liability for pension benefits 1,917 1,655
Net cash provided by operating activities 42,560 78,625
Cash flows from investing activities:    
Capital expenditures (1,912) (4,130)
Purchase of businesses, net of cash acquired (907) (331)
Proceeds from sale of discontinued operations 107,354  
Investing cash flows of discontinued operations (279) (510)
Proceeds from disposal of plant and property 663 992
Net cash provided by (used in) investing activities 104,919 (3,979)
Cash flows from financing activities:    
Repayment of debt (10,000) (54,010)
Dividends (52,724) (13,528)
Financing cash flows of discontinued operations   (7,490)
Purchase of treasury stock (7,757)  
Proceeds from exercise of stock options 2,910  
Net cash used in financing activities (67,571) (75,028)
Effect of exchange rate changes on cash   (1,780)
Net change in cash 79,908 (2,162)
Cash at beginning of period 7,957 13,357
Cash at end of period $ 87,865 $ 11,195